Lululemon shares plunge after profit drop, forecast downgrade




Lululemon Athletica Inc.’s shares sank about 17 per cent, a day after the retailer revealed a slump in its financial performance and slashed its guidance for the year.
The Vancouver-based company’s shares closed out Friday down US$21.16 at US$100.



Source link

  • Related Posts

    OpenAI quietly boosts some of Astra’s evaluation metrics, and continues to change others post-launch

    OpenAI has changed several evaluation benchmarks for its GPT-6 Astra model since first publishing a blog post announcement mid-afternoon on Sept. 3. In some cases, the numbers on the updated…

    Dutch shift gold to London from U.S. on geopolitical unrest

    Germany, which holds the world’s second-largest gold reserves, has long faced calls to repatriate bullion held in New York. The opposition AfD this year tabled a motion in the Bundestag…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Nintendo’s next two Direct events are both happening next week

    Nintendo’s next two Direct events are both happening next week

    US Open 2026 results: Serena and Venus Williams prove they can still compete in Grand Slam doubles – but what does the future hold?

    US Open 2026 results: Serena and Venus Williams prove they can still compete in Grand Slam doubles – but what does the future hold?

    From Arthur Ashe to Chris Evert: Tennis’ Original Style Icons

    From Arthur Ashe to Chris Evert: Tennis’ Original Style Icons

    Final Fantasy VII Revelation launches on PS5 April 8, 2027 – PlayStation.Blog

    Final Fantasy VII Revelation launches on PS5 April 8, 2027 – PlayStation.Blog

    “Trust, not features, is the real deficit”: VMware tries to appease SMBs

    “Trust, not features, is the real deficit”: VMware tries to appease SMBs

    FAA Administrator Blasted Over Refusing Pay Raises For Overworked Air Traffic Controllers

    FAA Administrator Blasted Over Refusing Pay Raises For Overworked Air Traffic Controllers